Bloomberg News

Clicks to Reduce Its Dividend Cover, Declares Additional Payment

October 20, 2011

Oct. 20 (Bloomberg) -- Clicks Group Ltd. said its board has resolved to reduce the company’s distribution cover from 2 to 1.8 times from the 2012 financial year, “which will further enhance returns to shareholders.”

The company, which declared a final distribution of 88 cents per ordinary share, will also make an additional payment of 12.5 cents per ordinary ‘A’ share, it said.

Link to Statement:{NSN LTCQ3A3HBS3K <GO>}

To contact the editor responsible for this story: Alastair Reed at areed12@bloomberg.net


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